Company Partners with Leading Investment Firms to Support Continued Growth and Investment in Innovation
Operations Continue in Ordinary Course as Company Works to Close Transaction
FISHERS, IN – January 8, 2025 – Alacrity Solutions Group, LLC and its affiliates (“Alacrity Solutions” or the “Company”), a leader in insurance claims management services in North America, today announced that they have entered into a definitive agreement with its existing financial partners on a strategic transaction that will strengthen the Company’s capital structure and provide new financing (the “Transaction”).
The Transaction demonstrates the confidence of the Company’s financial partners in Alacrity Solutions’ management team, strategic vision, and mission to provide best-in-class services in the claims management industry.
“Today’s announcement marks a significant stride forward for Alacrity Solutions,” said Jim Pearl, Chief Executive Officer. “We are building a stronger financial foundation that positions Alacrity Solutions to continue serving as a leader in the claims management industry to our valued carrier customers well into the future. We move forward well-equipped to strategically invest in growth by driving technological innovation and expanding our platform through new strategic acquisitions and organic growth initiatives. We are encouraged by the support of our financial partners and look forward to continuing on this path of progress and growth.”
“This strategic transaction will reinforce Alacrity Solutions’ financial foundation and accelerate its trajectory of growth and success,” said David Barse and Mike Wartell, Independent Directors, Alacrity Solutions. “The Board of Directors has the utmost confidence in the Company’s ability to advance its industry leadership, and we look forward to continuing to work with Alacrity’s financial partners and management team to drive innovation and achieve sustained expansion in the years ahead.”
The Company anticipates closing the Transaction in the first quarter of 2025. As the Company works to finalize the Transaction, operations remain unaffected.
About Alacrity Solutions
Alacrity Solutions, based in Fishers, Indiana, is one of the largest independent providers of insurance claims management services in North America. Alacrity provides property, auto, and casualty claims adjustment services; staffing solutions; temporary housing services; a nationwide managed repair network; and subrogation and recovery solutions to national and regional insurance companies, MGAs, TPAs, self-insured corporations, and clients in the federal/state government sector. For more information, please visit www.alacritysolutions.com.
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